Boot Barn (NYSE:BOOT) Releases Q3 Earnings Guidance

Boot Barn (NYSE:BOOT) issued an update on its third quarter earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $2.43 for the period, compared to the consensus estimate of $2.05. The company issued revenue guidance of $608.2 million, compared to the consensus revenue estimate of $593.41 million. Boot Barn also updated its Q3 2025 guidance to 2.430-2.430 EPS.

Wall Street Analyst Weigh In

BOOT has been the subject of several research reports. Citigroup decreased their target price on Boot Barn from $194.00 to $178.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th. Piper Sandler reissued an “overweight” rating and issued a $179.00 price objective on shares of Boot Barn in a report on Tuesday, October 29th. Williams Trading reaffirmed a “buy” rating and issued a $173.00 target price on shares of Boot Barn in a report on Tuesday, October 29th. Bank of America began coverage on shares of Boot Barn in a research note on Tuesday. They set a “buy” rating and a $187.00 price target for the company. Finally, BTIG Research lifted their price objective on shares of Boot Barn from $165.00 to $185.00 and gave the company a “buy” rating in a research note on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $170.75.

Boot Barn Trading Down 2.7 %

Shares of NYSE:BOOT traded down $4.39 during trading on Friday, hitting $155.95. 886,311 shares of the stock were exchanged, compared to its average volume of 733,408. The company has a market cap of $4.76 billion, a PE ratio of 31.32 and a beta of 2.10. The company has a fifty day moving average price of $143.92 and a two-hundred day moving average price of $142.67. Boot Barn has a 12-month low of $69.35 and a 12-month high of $169.83.

Boot Barn (NYSE:BOOT) last released its quarterly earnings results on Monday, October 28th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.02. The business had revenue of $425.80 million during the quarter, compared to the consensus estimate of $424.42 million. Boot Barn had a return on equity of 15.89% and a net margin of 8.73%. The business’s revenue was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.91 EPS. Equities research analysts anticipate that Boot Barn will post 5.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO John Hazen sold 6,311 shares of Boot Barn stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $152.98, for a total value of $965,456.78. Following the completion of the sale, the chief executive officer now owns 3,937 shares of the company’s stock, valued at $602,282.26. The trade was a 61.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.00% of the company’s stock.

About Boot Barn

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.